Economists GDP growth expectations for 2011 fell to 5.3% from 6.2% in June, according to the Monetary Authority of Singapore's Survey of Professional Forecasters. 3Q GDP growth was also revised down and is now seen at 5.5% YoY, vs 6.8% in the previous survey.
The Monetary Authority of Singapore has issued to the country's financial institutions guidelines against illicit fund inflows for tax haven purposes.

Economists GDP growth expectations for 2011 fell to 5.3% from 6.2% in June, according to the Monetary Authority of Singapore's Survey of Professional Forecasters. 3Q GDP growth was also revised down and is now seen at 5.5% YoY, vs 6.8% in the previous survey.
The Monetary Authority of Singapore has issued to the country's financial institutions guidelines against illicit fund inflows for tax haven purposes.